The matchmakers behind the Majestic and Naked Wines merger have said that the ‘experiment’ was doomed to fail because of the inherent differences between the two sets of customers, and because of increasing consumer preference towards companies that have a unique USP.
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Indie wholesale is on the rise, tapping into a retail ethos of knowledge, service and quality product, writes Andrew Catchpole
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Like-for-like sales in the on-trade rose 1.2% in September, according to the latest data from the Coffer Peach Business Tracker.
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Sustainability encompasses myriad aspects of business and production. These range from the big-ticket environmental and carbon-emission concerns – seeking to mitigate and adapt in the face of now-rapid climate change – to the socio-economic, whereby workers and employees are offered a fairer deal, including aspects of pay, work conditions, education and advancement.
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Gin continues to boom for Brockmans here in the UK, which is now the brand’s top market thanks to a recent push into the supermarkets.
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Shops across Britain suffered their steepest fall in customer visits in six years in the past month, with footfall plummeting as declines were recorded in every region, according to the British Retail Consortium (BRC).
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The beer, wine and spirits (BWS) category recorded 9.6% growth in online sales last month compared to March 2018.
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The Majestic brand has taken a bullet and is soon to be haemorrhaging stores – prompting businesses to reconsider their position on the high street.
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The chief executive of the newly rebranded Naked Wines has defended the decision to trim down its 200-store estate while shifting investment focus to the online side of the business.
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In the fast evolving online retail market, sales via smartphone have overtaken both desktop and tablet, and at a time when online grocery retail has reached a new high of £8 billion in the UK.
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Not long before Black Friday Cristiano Ronaldo was reported to have spent £27,000 on two bottles of wine at a restaurant in London’s upmarket Mayfair district – a bottle of Richebourg Grand Cru Burgundy and Chateau Petrus from Bordeaux. Apparently, Cristiano and his friends were there for little more than 15 minutes.
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“Suppliers effectively operate in a climate of fear as Sainsbury’s and Asda act as gatekeepers to the market”, the Food and Drinks Federation (FDF) has said in the latest round of consultations on the proposed supermarket merger.
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A new challenge is on the horizon for London merchant Jeroboams Wines, which is set to take over the reigns of Prohibition Wines in Muswell Hill.
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"Online sales are motoring ahead, while bricks and mortar stores struggle to withstand the domino effect taking down traditional retail.”
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Angela Mount investigates how distributors and producers are shaping up to meet buyer demands as routes to market narrow.
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Online sales of beer, wines and spirits were up 27.3% YoY in March 2018, new data has revealed.
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Hybrids that mix it up with wine and food spill the beans on how to juggle retail and in-house hospitality.
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Hybrids that mix it up with wine and food spill the beans on how to juggle retail and in-house hospitality.
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Store closures and profit warnings have become death knells for retailers on struggling high streets, and there was concern last week when Waitrose announced it is shutting five of its 353 stores.
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Retailers are being urged to adapt their strategies around the “evolution of channels” in light of research which showed that in 2017, 76% of fast-moving consumer goods’ (FMCG) value growth came from channels outside traditional supermarkets.
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